Robotic Business Incubators on the Rise of the European Industrial Robotics Market

It is exciting to see that, business incubators in Europe are helping robotic start-up companies get the required funding and professional support.


One can observe that, in the UK and France, most incubators are concentrated around the national capital, and in countries such as Spain and Sweden, these are spread throughout the territory. 

These incubators provide innovation support to disseminate the technology and competence to robotic ventures across Europe,” said Bharath Kanniappan, one of Technavio’s lead analysts for robotics research. 

According to Technavio research, 

The European industrial robotics market in the automotive industry was valued at USD 1.07 billion in 2015. 

The European industrial robotics market in the food and beverage industry was valued at USD 755.2 million in 2015. 

The European industrial robotics market in the industrial machinery industry was valued at USD 404.8 million in 2015.